🚨 $XRP in the Spotlight: Recovery or Reversal? 🚨

📉 Exchange Balances Climb as Price Dips

🔎 What’s Going On?

📈 XRP balances on exchanges have jumped from 3.26B → 3.41B in just two weeks!

That’s a 4.4% increase, often a red flag — investors may be preparing to sell. 👀

🧊 Price Update:

XRP is trading at $2.22, down 1%, despite ongoing demand in derivatives.

🧠 Key Metrics:

• 📉 Network Activity: New XRPL addresses stuck below 5,000

• 🔍 Futures Open Interest (OI): Up 23.2% from June lows → $4.61B

• 💼 Long-term Support Levels:

 - $2.20 (50 EMA)

 - $2.18 (100 EMA)

 - $2.15 & $2.07 (Recent Support Zones)

💡 What It Means:

Rising exchange balances + low network growth = 🚨 bearish signs

Unless XRPL sees a renewed spike in activity, XRP may face more selling pressure.

🔗 However, Ripple is quietly building its bridge to traditional finance through Ripple Payments & RLUSD. This could reignite demand — but timing is everything. ⏳

📢 Watch These Zones. Stay Sharp.

Are we heading into accumulation… or another wave of sell-offs?

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